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My Personal Experience with Purchasing a Rental Car

About four months ago, my wife and I decided that it was time to purchase a new vehicle. I had owned a Ford Explorer for the last three and a half years, and although I had enjoyed driving it during that time, I was ready to start driving a smaller vehicle. Not only did I know that a smaller vehicle would help with gas costs (even though the price of gas has dropped dramatically), but I was simply ready for a different style of vehicle to drive.

When I first started looking, I did the normal routine of visiting the car lots of a variety of auto dealers. I wasn’t really having any luck finding a vehicle that I wanted in the price range that I was planning to spend, but luckily one of my close friends suggested an excellent idea to me. He told me that I should consider purchasing a vehicle from a rental car company. He had done this two years earlier, and had been very happy with his purchase over the last two years.

I took some time comparing different rental car companies, and ended up finding a lightly used rental car to purchase at an excellent price.

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Is It a Good Idea to Buy a Rental Car?

Are you looking into buying a new car? Although it may be time for you to get a new car for yourself or your family, given the current state of the economy, there is a very good chance that you don’t want to spend a ton of money on the car that you purchase. Instead, you are probably trying to find the best quality of vehicle at the lowest price.

Instead of wasting your time dealing with sleazy used car salesmen who are trying to sell you an overpriced piece of junk, I have a better solution for you. Even though you may not have considered it before, buying a rental car can be a great way to get a reliable vehicle at a reasonable price.

There are several reasons why I would recommend looking into buying a rental car. First of all, the prices on these vehicles are usually lower than those from private owners or used car lots. Secondly, the average rental car has less wear and tear than a vehicle that has been driven by a private owner. Finally, because the quality of their vehicles determine their reputation, rental car companies keep their vehicles in very good shape (both mechanically and aesthetically).

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Save Money and Buy a Rental Car

The economy is in the toilet right now. Although the price of gas has gone down over the last month, that is just about the only piece of good economic news coming from Wall Street. Even though I don’t spend that much time watching the news, it still seems like I hear at least one new bad thing everyday in relation to the state of the economy.

Because this economic situation may just be getting started, it’s important for us all to make good decisions with our personal finances. Even though we have no power to control what’s happening on Wall Street, we do have the ability to control how we manage our own money. If there has ever been a time to become more accountable for what you do with your money, that time is now.

One decision I had to make recently was to sell my SUV. Even though I could finally afford gas for it, I realized that the payments I was making on it were out of my budget. Once I sold the SUV, I made a smarter decision and bought a lightly used rental car (which was a much better fit for my budget).

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